ANKRUSDT Market Overview – October 9, 2025

• Ankr/Tether (ANKRUSDT) broke a 15-minute descending trend before consolidating in a tight range.
• Price traded between 0.01341 and 0.01417, forming potential support at 0.01360–0.01375 and resistance at 0.01406–0.01414.
• Volume surged at the peak (0.01406) but declined as price retreated, indicating short-term distribution.
• RSI and MACD showed no overbought conditions, but momentum flagged a potential stall in upward pressure.
• Bollinger Bands constricted late in the session, hinting at a possible breakout or reversal in the next 24 hours.

Market Overview and Price Action

Ankr/Tether (ANKRUSDT) opened the 24-hour window at 0.01381 and peaked at 0.01414 before retreating to a low of 0.01341 and closing at 0.01365 at 12:00 ET. Total volume reached 13,445,371.5 and notional turnover amounted to approximately $181,136, based on reported data. The price action suggests a struggle to maintain gains above 0.01400, with bearish absorption and consolidation after the 0.01406 peak.

Structure & Formations

Price formed a bearish engulfing pattern after the 0.01406 high, followed by a series of lower highs and lower closes. Key support levels emerged at 0.01360, 0.01375, and 0.01390. Resistance levels are defined by prior highs at 0.01406 and 0.01414. A potential 15-minute bearish reversal pattern emerged around 0.01376–0.01360. A doji formed at 0.01365, suggesting indecision.

Volatility and Bollinger Bands

Volatility expanded after 0.01406, peaking around 0.01414, before contracting significantly in the last 8 hours of the session. Price closed inside the lower Bollinger Band at 0.01365, with the bands showing a potential convergence at the end of the 24-hour period. This suggests the potential for a breakout or reversal in the near term.

Momentum and Indicators

RSI dipped below 50 and approached the 40–45 oversold range in the last 6 hours, while MACD showed a bearish crossover after the 0.01406 peak. The 20/50-period 15-minute moving averages flattened, indicating a lack of short-term upward bias. The 50-period MA crossed below the 20-period MA, reinforcing the bearish tilt. No strong overbought conditions were observed during the session.

Fibonacci Retracements

A 38.2% retrace of the 0.01341–0.01414 move aligns with 0.01366, where price stalled in the last 4 hours. A 61.8% retrace at 0.01385 served as a minor support during the consolidation phase. The 78.6% retrace at 0.01394 could act as a potential resistance or pivot point if buyers enter ahead of 0.01406.

Volume and Turnover Divergences

Volume spiked at the 0.01406 high but dropped sharply afterward, while notional turnover declined as well. This suggests short-term profit-taking and a lack of follow-through buying. A divergence between price and volume at the 0.01406–0.01365 range indicates weakening bullish conviction. Price may find difficulty breaking above 0.01406 unless volume surges again.

Backtest Hypothesis

A potential backtesting strategy could involve entering a short position when price breaks below a 0.01406 support level with a confirming bearish candlestick and a divergence in volume. Stops could be placed above the 0.01414 resistance, with a target near 0.01360–0.01350. This would align with the bearish engulfing pattern and the current RSI/RSI divergence in the lower range. A long entry might consider a bullish breakout above 0.01406 with rising volume and a bullish reversal pattern such as a hammer or piercing line.